S&P Almost Breaking Out

The S&P is almost there folks … we seem to be in the midst of a consolidation.  Oddly the SPY’s OVI turned south yesterday so let’s see how we fair in the next few days.  Earnings can be a bit of a lottery so if in doubt, stay on the sidelines. 

SPY

spy 2011.10.18.jpg


Remember, if you’re going to trade during earnings season, you MUST check to see if your stock is reporting at time you’re considering your trade.  For earnings news there are two links – you can simply change the stock ticker within the URL address or on the web page itself:

http://finance.yahoo.com/q/ce?s=AAPL+Company+Events

http://www.earnings.com/company.asp?client=cb&ticker=aapl (scroll down to the Earnings Releases header bar)

Given that it’s Earnings Season, I’ll be emailing more during this week. 

All the best

Guy

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